Miami Publishes Its Bitcoin White Paper On Its Website
Mayor of Miami City Francis Suarez stated that they are working day and night to turn Miami into a cryptocurrency center. Suarez, who posted the Bitcoin Bitcoin Whitepaper on the Miami website, expressed his pride in this.
Reddit Launches Technology Partnership With Ethereum
Popular online forum site Reddit announced its partnership with the Ethereum Foundation. Reddit stated that it will scale up and accelerate resources for the Ethereum ecosystem and bring the value and independence of blockchain technology to their communities.
Microstrategy Conference Approaching
Saylor, CEO of Microstrategy, which has had 70,784 Bitcoins with large purchases since 2020, thinks Bitcoin is a store of value that could reach up to $ 15 million years later. Saylor will discuss Bitcoin at the conference to be held for corporate companies on February 3-4.
Bitcoin Price Prediction from ARK Investment
ARK Investment, a $ 30 billion asset management company, stated in its report that Bitcoin could settle between $ 200,000 and $ 500,000 with the acquisition of corporate companies. The company, which sees Bitcoin as the most attractive asset with a risk-reward ratio, predicted a market value of $ 5 trillion in the next decade.
The bill is on the agenda again
The highly debated bill, which requires the US Treasury Department to be informed about crypto transactions from exchanges to wallet addresses, has been mobilized again. FinCEN, the Financial Crimes Prevention Network, gave another 60 days for shareholders to comment on the bill. However, no changes were made in the articles of the bill.
Fed Announces Interest Rate Decision
The US Federal Reserve kept the policy rate unchanged in the range of 0-0.25, within expectations. He stated that the economic course will depend on the course of the epidemic. He emphasized that monetary policy will be supportive and this will take time until employment and inflation targets are achieved.
Another Lawsuit Against Ripple
Tyler Toomey, an XRP investor living in Florida, filed a civil suit against Ripple and Ripple CEO Garlinghouse. According to the lawsuit, Toomey alleges that the defendants did not comply with Florida securities laws by not registering with the Florida Financial Regulatory Office.
Comments from Grayscale Lawyer on XRP Case
Lawyer Joseph Hall, former SEC official and now representing Grayscale, made statements about the Ripple case. He emphasized that the trial process will tackle many problems. Criticizing the Howey test, the lawyer stated that the application of the test for XRP on many issues is "absurd".
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